$PBK

PowerBank Corporation refinanced CA$25.4M across 53 solar projects, reducing debt by CA$4.2M (14%) and consolidating 50 credit agreements. The company expects a CA$5.0M net cash release and lower debt service costs. According to the company, this move supports its portfolio-focused strategy.

PowerBank Corporation (PBK) received a 180-day extension from Nasdaq to meet the minimum bid price requirement, now due by March 28, 2027. The company's shares will continue trading on the Nasdaq Capital Market. Additionally, certain directors and officers plan to establish an automatic securities disposition plan for selling shares, starting October 2, 2026.

PowerBank Corporation (PBK) has ended its At-The-Market equity offering program, which was initiated in February 2026. The company is a renewable energy developer with projects in Canada and the USA, focusing on solar and Battery Energy Storage Systems. PowerBank has a development pipeline of nearly one gigawatt and has completed over 100 megawatts of projects. The company provided forward-looking statements and risk factors in its announcement.

PowerBank Corp. (PBK) reported a narrower net loss of C$24.30M for FY26, down from C$31.12M in FY25, despite a revenue decline to C$27.41M. The company expects revenue growth in FY27. CEO Richard Lu attributed the loss narrowing to a shift from selling to owning projects. PBK also announced new projects and a U.S. Department of Defense contract. Pre-market, shares rose 1.09% to $0.2678.

POWERBANK Corp (PBK) furnished an SEC Form 6-K — earnings release. Exhibit 99.1 PowerBank Announces Fiscal Year End Results Gross Margin Expands to 34.7% from 25.3%; Net Loss Narrows by $6.8 Million; IPP Production Revenue Reaches $9.8 Million This news release constitutes a “designated news release” for the purposes of the Company’s prospectus

PowerBank Corporation reported FY2026 gross margin of 34.7%, up from 25.3%, and a net loss narrowing by $6.8M. IPP production revenue was $9.8M, and working capital turned positive at $1.6M. The company is shifting to asset ownership, which improves margins but reduces Adjusted EBITDA.

PowerBank Corp. (PBK) won a contract from NYPA to build a 1.6 MW solar project at SUNY Oneonta, expected to generate $1.4M in federal tax credits. The project aligns with NY's clean energy goals and will power campus facilities. Construction is pending permits, with a $3.58M estimated value.

PowerBank Corporation (PBK) won a $3.58M contract from NYPA to develop a 1.628 MW solar project at SUNY Oneonta, with potential for $1.4M in federal tax credits. The company will own and operate the project, adding to its renewable energy portfolio. The next milestone is obtaining a building permit.

PowerBank Corporation (PBK) has entered a development agreement for battery energy storage projects in Ontario, targeting participation in IESO's long-term capacity procurement. The company will assist with an 18 MW BESS project in Hamilton and has the right of first refusal for construction. PowerBank also settled $1.4M in debt, issuing 1.3M shares at $0.63 per share. The company sees this as a step toward expanding its presence in Ontario's energy storage market.

PowerBank acquired two New York community solar projects (13.9MW total) for $2.4M, expecting $13M in federal ITCs. Projects are in advanced development, with on-site work underway. PowerBank also advanced other solar and storage projects in Canada. SunShare completed two community solar projects in New Mexico, totaling 10.5MWdc, serving ~2,000 households.